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Foreign Investment

FG’s N70,000 transport allowance for workers could cost N465.7 billion as TUC rejects the deal

Nigeria’s 70,000 naira transport allowance could cost 465.7 billion naira over six months, and the Trade Union Congress says workers need a permanent raise instead.

Lagos residents, employers and workers must get health insurance by Dec. 31

Governor Babajide Sanwo-Olu says residents, employers and workers must get covered by Dec. 31 ahead of mandatory health insurance enforcement from Jan. 1, 2027.

Nigeria Attracts $14billion, €250million Foreign Investments

Nigeria secures $14bn from India and €250m from the Netherlands, with a 300% oversubscription on Eurobonds and strategic MOUs with ten countries.

Tinubu’s Bold Pitch: Nigeria Emerges as Prime Investment Destination for Samsung

In a strategic move aimed at wooing global investment, former Lagos State Governor and...

Nigeria’s Economy Suffers as Foreign Investment Hits 11-Year Low

Nigeria, Africa’s largest economy, has seen a sharp decline in foreign investment in the...

Nigeria’s Textile Sector Seeks Infrastructure, Policy Reform

Nigeria's textile industry seeks infrastructure improvement and policy reform for growth.

Nigeria’s Fiscal Dilemma: Rethinking Budget Funding Beyond Borrowing

In a pivotal address to the joint Senate Committee evaluating the 2024-2026 Medium Term...

Latest articles

FG’s N70,000 transport allowance for workers could cost N465.7 billion as TUC rejects the deal

Nigeria’s 70,000 naira transport allowance could cost 465.7 billion naira over six months, and the Trade Union Congress says workers need a permanent raise instead.

Lagos residents, employers and workers must get health insurance by Dec. 31

Governor Babajide Sanwo-Olu says residents, employers and workers must get covered by Dec. 31 ahead of mandatory health insurance enforcement from Jan. 1, 2027.

Bandits Abduct Over 10 Passengers Travelling to Abuja

KEY POINTS Bandits reportedly abducted over 10 passengers and a driver travelling from Kebbi...

Swiss Authorities Confirm Ebola Patient’s Safe Arrival

KEY POINTS Ebola patient and husband arrive safely in Switzerland for treatment and isolation. ...